3 Circumstances When Homeowners Should Increase Their Personal Liability Coverage
If a guest is injured on your property and files a lawsuit against you, would your homeowner's insurance protect you financially? Nobody wants guests to get hurt on their property, but accidents happen. Personal liability insurance on your homeowner's property shields you financially against the consequences of a lawsuit by covering legal fees and the amount of the settlement or judgment. While carrying personal liability insurance is important for every homeowner, there are a few circumstances in which you should increase the amount of your coverage.